Statistical Press Release - Loans granted by the financial sector – May 2019
Today, Banco de Portugal publishes statistics, in Table A.11 of the Statistical Bulletin and in BPstat, on loans granted by the resident financial sector to non-financial corporations and households for May 2019.
Loans granted to non-financial corporations
In May 2019 the annual rate of change (a.r.) of loans granted to non-financial corporations increased by 0.4 percentage points (p.p.) vis-à-vis the previous month to -0.6% (Chart 1).
Private exporting companies recorded an a.r. of -2.0%, 0.2 p.p. less than in the previous month.
The ratio of overdue loans of non-financial corporations stood at 9.0%, a 0.1 p.p. decline. The share of borrowers with overdue loans decreased by 0.2 p.p. to 21.2%.
Loans granted to households
The a.r. of loans granted to households stood at 0.7%, a 0.2 p.p increase from April (Chart 2). By purpose, the a.r. of loans for house purchase increased by 0.2 p.p. to -0.5%. The a.r. of loans for consumption and other purposes remained at 5.3%.
The ratio of overdue loans of households declined by 0.1 p.p. to 3.2% and the share of borrowers with overdue loans fell 0.2 p.p. from the previous month, to 10.2%.
Next update: 30 Jul. 2019